Publications

Inefficient Investment Waves

Zhiguo He, Péter Kondor

Econometrica March2016 Vol. 84 Issue 2 Pages 735–780.

Debt and Creative Destruction: Why Could Subsidizing Corporate Debt Be Optimal?

Zhiguo He, Gregor Matvos

Management Science February2016 Vol. 62 Issue 2 Pages 303–630.

The Common Factor in Idiosyncratic Volatility: Quantitative Asset Pricing Implications

Hanno Lustig, Bernard Herskovic, Bryan Kelly, Stijn Van Nieuwerburgh

Journal of Financial Economics February2016 Vol. 119 Issue 2 Pages 249-283.

The Missed Opportunity and Challenge of Capital Regulation

Anat R. Admati

National Institute Economic Review February2016 Vol. 235 Issue 1 Pages R4–R14.

Robust Option Pricing: Hannan and Blackwell Meet Black and Scholes

Peter M. DeMarzo

Journal of Economic Theory January222016 Vol. 163 Pages 410-434.

Leverage and Beliefs: Personal Experience and Risk Taking in Margin Lending

Hans-Joachim Voth

American Economic Review 2016 Vol. 106 Issue 11 Pages 3367-3400.

Rethinking Financial Regulation: How Confusion Has Prevented Progress

Anat R. Admati

Progress and Confusion: The State of Macroeconomic Policy MIT Press Cambridge 2016 Pages 61-72.

Asset Quality Misrepresentation by Financial Intermediaries: Evidence from the RMBS Market

Tomasz Piskorski, James Witkin, Amit Seru

Journal of Finance December2015 Vol. 70 Issue 6 Pages 2635-2678.

The Impact of Treasury Supply on Financial Sector Lending and Stability

Arvind Krishnamurthy, Annette Vissing-Jorgensen

Journal of Financial Economics December2015 Vol. 118 Issue 3 Pages 571-600.

Measuring Skill in the Mutual Fund Industry

Jonathan B. Berk, Jules H. van Binsbergen

Journal of Financial Economics October2015 Vol. 18 Issue 1 Pages 1–20.

Financial Literacy Skills for the 21th Century: Evidence from PISA

Annamaria Lusardi

The Journal of Consumer Affairs September2015 Vol. 49 Issue 3 Pages 639–659.

Bankruptcy Rates among NFL Players with Short-Lived Income Spike

Kyle Carlson, Joshua Kim, Annamaria Lusardi, Colin F. Camerer

American Economic Review May2015 Vol. 105 Issue 5 Pages 381–384.

Central Clearing and Collateral Demand

Darrell Duffie, Martin Scheicher, Guillaume Vuillemey

Journal of Financial Economics May2015 Vol. 116 Issue 2 Pages 237-256.

International Liquidity and Exchange Rate Dynamics

Xavier Gabaix, Matteo Maggiori

The Quarterly Journal of Economics March182015 Vol. 130 Issue 3 Pages 1369–1420.

Assessing Asset Pricing Models using Revealed Preference

Jonathan B. Berk, Jules H. van Binsbergen

Forthcoming: Journal of Financial Economics March142015

Size Anomalies in U.S. Bank Stock Returns

Priyank Gandhi, Hanno Lustig

The Journal of Finance March122015 Vol. 70 Issue 2 Pages 733-768.

Very Long-Run Discount Rates

Matteo Maggiori, Johannes Stroebel

The Quarterly Journal of Economics February2015 Vol. 130 Issue 1 Pages 1-53.

Do Institutional Investors Value the Rule 10b-5 Private Right of Action? Evidence from Investors’ Trading Behavior following Morrison v. National Australia Bank Ltd.

Robert P. Bartlett

The Journal of Legal Studies January2015 Vol. 44 Issue 1 Pages 183–227.

Financial Literacy: Do People Know the ABCs of Finance?

Annamaria Lusardi

Public Understanding of Science 2015 Vol. 24 Issue 3 Pages 260–271.

In Short Supply: Short-Sellers and Stock Returns

Daniel M. Beneish, Craig Nichols, Charles M. C. Lee

Journal of Accounting and Economics 2015 Vol. 60 Issue 2-3 Pages 1547-1589.